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Business and Economy

FG grants 12,000 expatriates quotas in 24 months

By Richard Ayinde, Osogbo.The Federal Government of Nigeria has granted 12,000 Expatriate Quota licences to foreigners seeking to work in Nigeria in the last...

Bayelsa Assembly Commend NCDMB, seeks Collaboration

Amgbare Ekaunkumo, YenagoaMembers of the Bayelsa State House of Assembly have commended the developmental strides of the Nigerian Content Development and Monitoring Board (NCDMB)...

CBN to Okay Legitimate FX Demand Exceeding Approved Cap

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said the apex bank is ready to approve legitimate foreign exchange...

Nigeria Sold N2.33trn Petrol in One Year – NNPC

The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that the country sold N2.33 trillion worth of petrol between May 2020 and May 2021. But...

VAT: We are confused over remittance, says Private sector

The Organised Private Sector of Nigeria has said fulfilling of tax obligations, especially remitting Value Added Tax, has become confusing as businesses did not...

PTA/BTA: CBN Set to Unleash EFCC on Cheats

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday vowed to send the Economic and Finance Crimes Commission (EFCC) and...

CBN Cannot Continue Selling Dollars To People Who Buy Arms – Emefiele

The Central Bank of Nigeria (CBN) says it cannot continue to sell dollars to people who purchase arms to hurt Nigerians.CBN Governor, Godwin Emefiele,...

DPR to Exceed N3.2trn Revenue Benchmark, Adjusts to N5trn By Year End

Buoyed by an impressive revenue performance, which has seen it generating 70 per cent of its initial target of N3.2 trillion, the Department of...

Nigeria’s Inflation Rate Drops Further To 17.01% In August – NBS

Nigeria’s inflation rate has dropped by 0.37 per cent to 17.01 per cent (year-on-year) in August, from the 17.38 per cent recorded in July.This...

VAT: Rivers State Govt Files Appeal At Supreme Court

The Rivers State government has approached the Supreme Court to challenge the ruling of the Court of Appeal in the Value Added Tax (VAT)...

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